Spring Hill Development Site
For sale8174 Spring Hill Dr, Spring Hill, FL 34606
Property type
Land
Price
$550,000
Building size
Year built
Year renovated
Occupancy
Zoning code
Lot size
1.43 Acres
Property description
Franklin Street is pleased to present this offering memorandum for 1.43 Acres of Commercial Land on Spring Hill Drive. The property is zoned PDP and was recently rezoned from Multifamily to Office Professional. The property benefits from 365 feet of frontage along Spring Hill Drive, a heavily trafficked east-west artery in the submarket. The site offers a prime location suitable for a variety of development opportunities including retail, medical office and service-oriented commercial uses. Adjacent to a designated Opportunity Zone, the property benefits from investment and redevelopment activity. Significant capital investment in the immediate area and nearby redevelopment activity.
Property highlights
- Prime commercial development opportunity consisting of 1.43 Acres along Spring Hill Drive
- Excellent visibility with 365 feet of frontage along Spring Hill Drive
- Surrounded by dense and established residential communities providing an existing consumer base
- Two points of ingress and egress established in an approved site plan
- Flexible development potential suitable for retail, medical office, restaurant, or neighborhood service users
- Convenient location and connectivity to surrounding commercial corridors and regional roadways providing access to the Tampa Bay region
- Adjacent to a Dollar General that is in the 92nd percentile nationwide in visits
- Florida has no state income tax